29 Nov 2025, 16:11 [ UTC - 5; DST ]
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Post subject: Re: Piper Meridian  Posted: 15 Aug 2013, 12:06 |
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Joined: 12/17/10
Posts: 1626
Post Likes: +276
Location: Valparaiso, IN
Aircraft: Lancair Evolution
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Username Protected wrote: I know if you have to ask you cant afford, and I know I cant afford but what is the actual cost to purchase a plane like you have listed here?
1.5 ish, maybe a big higher. The earliest TBM's are starting to be available just under 1 million but they have lesser useful load and a smaller entry door. I saw a high time (6000+ hrs) one with recently overhauled engine advertised for $700K or so. I don't know if the airframe or any major parts have significant life limits, but that seemed like a great deal.
Yeah, I looked long and hard at that airplane. The current lifetime limit on that plane was ~9,500 hours but there is a mod that can be installed at roughly the 9,000 hour area taking the life limit to 16,200 hours. The plane was extremely rough on the inside. It essentially needed enough work done to it to bring it up to speed with what else was on the market that by the time it was all said and done you would have almost $950k in the plane.
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Post subject: Re: Piper Meridian Posted: 15 Aug 2013, 12:09 |
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Joined: 11/08/12
Posts: 12835
Post Likes: +5276
Location: Jackson, MS (KHKS)
Aircraft: 1961 Cessna 172
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Username Protected wrote: I see where you are going with this and it make sense. However, a good pilot will have already flipped the switch before entering ice (since it is occurring 98% of the time in clouds). It's just standard procedure to turn on the inertial separator before entering clouds, or visible moisture for that matter. I agree with everything but the "good pilot" part. Pilots are not sheep and goats, whores and madonnas, etc. It's not just the bad pilots that crash. Good pilots have bad days. Within reason, a design that minimizes the opportunity to make a small, deadly oversight is a good thing. I'm not saying the jetprop is unsafe - all else equal, I'd take that over a Meridian, but Piper's design has a reasonable logic behind it.
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Post subject: Re: Piper Meridian Posted: 15 Aug 2013, 12:10 |
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Joined: 11/08/12
Posts: 12835
Post Likes: +5276
Location: Jackson, MS (KHKS)
Aircraft: 1961 Cessna 172
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Username Protected wrote: The plane was extremely rough on the inside. It essentially needed enough work done to it to bring it up to speed with what else was on the market that by the time it was all said and done you would have almost $950k in the plane. Either needed to drop the price or sell to a cargo operator in that case.
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Post subject: Re: Piper Meridian Posted: 15 Aug 2013, 12:34 |
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Joined: 11/08/12
Posts: 12835
Post Likes: +5276
Location: Jackson, MS (KHKS)
Aircraft: 1961 Cessna 172
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Username Protected wrote: So for just quick round #'s....
everything being NICE used:
TBM= 1mil
Rocket convert Bo= 600k
Tradewind convert B0= 4-500k
Meridian= ??
Are these #'s close enough to continue to think about while I am still burning 100LL in my wonderful TNA36?
Thanks $1MM is probably a bit low for NICE TBM. Maybe $1.2 $1MM for a Jetprop and $800K for a Meridian.
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Post subject: Re: Piper Meridian Posted: 15 Aug 2013, 12:34 |
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Joined: 04/06/08
Posts: 2718
Post Likes: +100
Location: Palm Beach, Florida F45
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I was considering making an offer on the TBM 700 C2 N700CZ, but I decided not to. Apparently, it was recently sold. If you keep it a few years, it will be mandatory to upgrade to the G600s, even with the GTN 750s. The 700s not for sale are doing so at a good rate of speed, and that changes the resale picture in a year or so. That's well over $50,000, even with the 750s already installed. TBM pricing is stuck on 2012 pricing with no room for panel upgrades. Yea, you could just G600 the pilot side, but that is likely a resale mistake. It takes a completely new panel and an entire rewire, and you sure wouldn't want to do that twice. When the Bendix 40 EFIS goes out, you're looking at at least a $10,000 repair. You wouldn't want to spend that kind of money on an old style instrument. The G600s and the GTN 750s are definately in your future if you buy a pre-G1000. http://mobile.globalair.com/aircraft_fo ... adid=67956[/quote]
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Post subject: Re: Piper Meridian Posted: 15 Aug 2013, 12:37 |
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Joined: 11/08/12
Posts: 12835
Post Likes: +5276
Location: Jackson, MS (KHKS)
Aircraft: 1961 Cessna 172
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Username Protected wrote: When the Bendix 40 EFIS goes out, you're looking at at least a $10,000 repair. You wouldn't want to spend that kind of money on an old style instrument. ] If the Meridian/Meggit market is any indication, used parts will become much, much cheaper as people swap to the G1000. Supply goes way up, demand goes way down.
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Post subject: Re: Piper Meridian Posted: 15 Aug 2013, 13:29 |
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Joined: 04/12/11
Posts: 6178
Post Likes: +2343
Location: Bedford, MA (KBED)
Aircraft: 1992 Bonanza A36
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Username Protected wrote: I know if you have to ask you cant afford, and I know I cant afford but what is the actual cost to purchase a plane like you have listed here? Quote: Gerry my typo. TBM 700 c2 . Meticulous care, dual GTN, active traffi, Fiki, fast. It's not on controller any more but is still in my hangar. I will have to find out what's going on. I found old pics here....after the panel upgrade. http://mobile.globalair.com/aircraft_fo ... adid=67956 About 1.6
_________________
Best Regards,
Kevin McNamara
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Post subject: Re: Piper Meridian Posted: 15 Aug 2013, 13:34 |
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Joined: 11/06/10
Posts: 12192
Post Likes: +3076
Company: Looking
Location: Outside Boston, or some hotel somewhere
Aircraft: None
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Username Protected wrote: I find it very hard to believe it is 40% more operating cost.
What if your an owner pilot that needs to take 4-6 people 600+ nm? Seems silly to use something that would have to make a stop for that short of a trip.
If the purpose of not having an inertial separator that actually functions is to make the plane easier to fly for the owner operator, then IMO that person probably has no business flying that type of airplane. It's just not that hard to do.
Let me put it this way. If they can't handle the work load of flipping a switch every once in a while, then it scares me to think that such pilot is cruising 270 kts around our skies.
It's my opinion that most can handle it which again, makes it strange to me that they chose the engine they did. Gerry, Then why by a new Beech G36? Or a Cirrus SR22? Or a Cessna 182? I mean sometimes I want to carry 7 or more but my Aerostar is configured only for five... There is almost always a mission or group which will exceed the capability of a plane. The Meridian meets a market need. And based on the published sales figures more people want Meridians than Bonanza: 2012 Meridians: 32 2012 Bonanza: 12 Tim
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Post subject: Re: Piper Meridian Posted: 15 Aug 2013, 16:46 |
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Joined: 12/17/10
Posts: 1626
Post Likes: +276
Location: Valparaiso, IN
Aircraft: Lancair Evolution
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Username Protected wrote: I find it very hard to believe it is 40% more operating cost.
What if your an owner pilot that needs to take 4-6 people 600+ nm? Seems silly to use something that would have to make a stop for that short of a trip.
If the purpose of not having an inertial separator that actually functions is to make the plane easier to fly for the owner operator, then IMO that person probably has no business flying that type of airplane. It's just not that hard to do.
Let me put it this way. If they can't handle the work load of flipping a switch every once in a while, then it scares me to think that such pilot is cruising 270 kts around our skies.
It's my opinion that most can handle it which again, makes it strange to me that they chose the engine they did. Gerry, Then why by a new Beech G36? Or a Cirrus SR22? Or a Cessna 182? I mean sometimes I want to carry 7 or more but my Aerostar is configured only for five... There is almost always a mission or group which will exceed the capability of a plane. The Meridian meets a market need. And based on the published sales figures more people want Meridians than Bonanza: 2012 Meridians: 32 2012 Bonanza: 12 Tim
Why buy a G36? That's a good question. I wouldn't spend that kind of money on one. I'd rather be flying what I am flying and use the leftover money to install the G500, which I did.
If a Meridian is built to fill a need then why 6 seats? Why not make it a 4 or 5 seat plane and make the useful make more sense? When will you ever take 6 people and have any kind of range at all?
As far as the sales of a new Beech I think they are in need to drastically reduce their costs or else they are going to end up being owned by China.
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Post subject: Re: Piper Meridian Posted: 15 Aug 2013, 17:28 |
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Joined: 12/17/10
Posts: 1626
Post Likes: +276
Location: Valparaiso, IN
Aircraft: Lancair Evolution
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Username Protected wrote: Piper has offered it's 6 seat planes with a refreshment center replacing 1 seat.
That said - it's easy to fill six seats if you have kids. A huge market for the PA46 has been cirrus drivers who had a 3rd kid. I agree they are useful load challenged but its not impossible to take 5-6 people in a meridian. True, but with kids comes a lot of baggage. At least if my wife is packing, lol.
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Post subject: Re: Piper Meridian Posted: 15 Aug 2013, 17:50 |
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Joined: 11/08/12
Posts: 12835
Post Likes: +5276
Location: Jackson, MS (KHKS)
Aircraft: 1961 Cessna 172
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Username Protected wrote: Piper has offered it's 6 seat planes with a refreshment center replacing 1 seat.
That said - it's easy to fill six seats if you have kids. A huge market for the PA46 has been cirrus drivers who had a 3rd kid. I agree they are useful load challenged but its not impossible to take 5-6 people in a meridian. True, but with kids comes a lot of baggage. At least if my wife is packing, lol.
Jetprop definitely wins there. Nose/Rear baggage space is pretty nice compared to Brand B 
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Post subject: Re: Piper Meridian Posted: 15 Aug 2013, 17:59 |
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Joined: 04/06/08
Posts: 2718
Post Likes: +100
Location: Palm Beach, Florida F45
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Does anyone know where the main fuel collection tank is on a Jetprop?
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